HSBC chief executive Stuart Gulliver, who vowed to reform the scandal-hit bank, kept millions of dollars in a Swiss account.
The boss of HSBC, which is at the centre of claims that it helped customers at its Swiss private bank avoid millions of dollars of tax.
A former HSBC employee who leaked documents alleging the bank helped wealthy customers dodge tax said he had tried to alert British authorities about evasion in 2008.
HSBC's 2012 criminal settlement with the US Justice Department does not protect the bank from fraud or tax evasion charges.
The man who stole the trove of secret files that sparked a global scandal over banking giant HSBC's alleged assistance to wealthy tax dodgers.
The newly purchased entity has been renamed to Altyn Bank and is to be a separate legal entity as planned.
Development Bank of Kazakhstan has signed a 500 mln euro loan agreement with HSBC Bank.
According to the press-release, the deal is subject to approval and is expected to be finalized in 2014.
HSBC's sponsorship chief has urged Tiger Woods to respect the bank's large investment by playing at this year's WGC-HSBC Champions in Shanghai instead of "meaningless... money-making opportunities".
A closely watched indicator of Chinese manufacturing turned positive for the first time in four months in August, HSBC said Thursday, in a sign of renewed strength in the world's second-largest economy.
British bank HSBC has agreed to pay $249 million in compensation to home-loan borrowers hurt in the massive US mortgage and foreclosure scandal.
Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An for $9.4 billion, as it looks to shift its focus back towards its traditional banking business.
Manufacturing activity in China hit a 13-month high in November, HSBC said Monday, in another sign that the world's second largest economy is emerging from a drawn-out slumber.
China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.
HSBC is the lead manager of the offering of $800 million 6.950 percent notes due 2042 by Kazakhstan Temir Zholy B.V.: chairman of HSBC Bank Kazakhstan.
US prosecutors are looking into whether British bank HSBC was involved in laundering money for Mexican drug cartels and moving cash for Saudi Arabian banks with ties to terrorists, The New York Times reported Saturday.
Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.
Global banking giant HSBC on Monday sought legal permission to evict a handful of protesters camped outside its Hong Kong headquarters, one of the last remnants of the "Occupy" movement in Asia.
- Great Britain
- Halyk Bank
- Asia Pacific
- Kazakhstan Temir Zholy
- United States
- Middle East & Africa
- Saudi Arabia
- Hong Kong